By Chayanika Deka South Korean police are investigating Bithumb CEO Lee Jae-won over bribery allegations linked to hiring people connected to independent lawmaker Kim Byung-ki. According to Yonhap News, the Seoul Metropolitan Police Agency’s Public Crime Investigation Unit is examining claims that Lee approved the hiring of Kim’s second son after receiving a direct employment […]
Tag: BTC
By Jordan Lyanchev Bitcoin’s price experienced a noteworthy uptick over the past hour or so, jumping from $62,300 to a multi-day peak of $63,700. At the same time, oil prices dropped hard from over $91 to under $87 within minutes. The main culprit for this is US President Donald Trump’s statement from less than an […]
Key highlights: Fold sold $45 million worth of Bitcoin to repay debt and strengthen its balance sheet. Unlike many treasury firms, Fold used Bitcoin gains to improve liquidity while maintaining substantial BTC exposure. Fold cashes in part of its Bitcoin treasury Fold Holdings has sold approximately $45 million worth of Bitcoin as part of a […]